RIVE Private Investment has announced the interim closing of €200 million for its RTAIF (RIVE Transportation Assets Income Fund), which specialised in transportation asset leasing.
The fund primarily invests in assets that meet fundamental needs or the imperative to decarbonise the transportation sector.
The €200 million raised has already been fully invested in a hundred assets: hybrid or electric locomotives (50%), helicopters dedicated to medical transportation or firefighting (35%), as well as airplane engines, electric ferries, and flight simulators. To date, the total cumulative value of assets amounts to €320 million.
"To meet investment needs, especially related to decarbonisation, the specialised transport market must attract more financial players, offering investors more innovative and flexible access methods,” says Camille Brunel, Partner at RIVE Private Investment. “RIVE has a 10-year track record, deep understanding of long-term trends, and a unique ability to value these specialised assets that benefit from inflation."
RIVE continues the fund's deployment and aims for a size of €500 million by 2025.